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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #83,941
  • May 23, 2008 8:40am May 23, 2008 8:40am
Quoting toyboy tramp
Ahead of the Bell

Snippet for AP article in news section

More bad housing news emerged Thursday, as a government report said U.S. home prices posted their sharpest quarterly decline since the government began tracking the data 17 years ago.

The Washington-based Office of Federal Housing Enterprise Oversight said Thursday that home prices fell 3.1 percent in the first quarter compared with last year. The index also fell 1.7 percent from the fourth quarter of 2007 to the first quarter of 2008, the largest quarterly price drop on record.

Do you think this is already priced in?
  • #83,942
  • May 23, 2008 8:41am May 23, 2008 8:41am
Quoting toyboy tramp
That was a great trade, I hope you've locked in some profits dude
One shouldn't forget to lock in profits at new high's .. ofcourse i'm
  • #83,943
  • May 23, 2008 8:43am May 23, 2008 8:43am
News is a black art, anything can happen, straddle it or stay out IMVHO. EVERYTHING is reflected in the tape, news is market manipulation, and f*@k knows what the interbank agenda is.
Money & Pain Respect the market, protect your capital, be patient
  • #83,944
  • May 23, 2008 8:44am May 23, 2008 8:44am
I'm still waitng for an answer, but I think he's a Bull today.
Attached Image
  • #83,945
  • May 23, 2008 8:47am May 23, 2008 8:47am
Quoting shakesfx
I'm still waitng for an answer, but I think he's a Bull today.
Why are you so bullish?
Money & Pain Respect the market, protect your capital, be patient
  • #83,946
  • May 23, 2008 8:48am May 23, 2008 8:48am
Quoting shakesfx
I'm still waitng for an answer, but I think he's a Bull today.
whatever it is, we shud be ready with SL.mine is at 204.30 for a small position..
  • #83,947
  • May 23, 2008 8:51am May 23, 2008 8:51am
Quoting toyboy tramp
Why are you so bullish?
i have been observing his posts..he always pray after placing the trade and it didn't happen most of the time...

shakes, why don't you hope opposite and expect profit??
  • #83,948
  • May 23, 2008 8:51am May 23, 2008 8:51am
Rally yesterday suggests return to carry trades. UK interest rates will be left on hold, even possibly increased latter in the year. Bullish engulfing daily candle yesterday. Price above Daily Gann, Daily 5 SMA etc etc. Also, I rolled a 4 on with my dice just now, which is definately Bullish
  • #83,949
  • May 23, 2008 8:55am May 23, 2008 8:55am
Dow's working for bears, makes a change
Money & Pain Respect the market, protect your capital, be patient
  • #83,950
  • Edited 9:20am May 23, 2008 8:55am | Edited 9:20am
15m, 1h are under gann, 4h is reaching its gann, though the 4hr close is still 3hr to come on my chart, but qqe already cross down...
i'm currently targeting the daily gann from yesterday short @ 205.65 and today @ 204.9x..

i hope it play out well..
  • #83,951
  • May 23, 2008 9:00am May 23, 2008 9:00am
Quoting uplink
15m, 1h are under gunn, 4h is reaching its gunn, though the 4hr close is still 3hr to come on my chart, but qqe already cross down...
i'm currently targeting the daily gunn from yesterday short @ 205.65 and today @ 204.9x..

i hope it play out well..
Illustration of the daily gunn......
Attached Image
Patience + Discipline - Greed = Success
  • #83,952
  • May 23, 2008 9:01am May 23, 2008 9:01am
Quoting shakesfx
Rally yesterday suggests return to carry trades. UK interest rates will be left on hold, even possibly increased latter in the year. Bullish engulfing daily candle yesterday. Price above Daily Gann, Daily 5 SMA etc etc. Also, I rolled a 4 on with my dice just now, which is definately Bullish
Yes return, but smart boys don't like to buy at high .. they or whoever will try to push the price downward .. way .. way..down.. before they try to scoop it up again. It sounds very simple just like business 101, but most traders just like forget this concept or like to been fascinated with fancy indicators that tell you long or short which the move has most likely been done most of the time .. been there done that..but am still learning ..
  • #83,953
  • May 23, 2008 9:01am May 23, 2008 9:01am
ok..let's wait for the target now
  • #83,954
  • May 23, 2008 9:02am May 23, 2008 9:02am


Quoting Infinity
Illustration of the daily gunn......
  • #83,955
  • May 23, 2008 9:03am May 23, 2008 9:03am
Quoting quecee5
Looks like down to me to at least 205 area . . Maybe back to 204 support. . .

Gd night all. . .
Good morning all -

I see price still chopping along down to 204. . . Be back when price has hit 203.70 area. . .


4hr chart for u
Attached Image (click to enlarge)
Click to Enlarge Name: 4hr chart.gif Size: 27 KB
  • #83,956
  • May 23, 2008 9:05am May 23, 2008 9:05am
50% retraco achieved as expected. now waiting for more. news data didn't mess with the price too much. i guess they're not buying that.
  • #83,957
  • May 23, 2008 9:06am May 23, 2008 9:06am
it's very RARE to see u have the same view point is i...

sup

Quoting quecee5
Good morning all -

I see price still chopping along down to 204. . . Be back when price has hit 203.70 area. . .

4hr chart for u
  • #83,958
  • May 23, 2008 9:06am May 23, 2008 9:06am
Yen cannot breach 103 20 ... USD is recovering.... so is geppy.

meet you guys at 21:3000
I AM NOT AGAINST ANY RETARD. I AM JUST AGAINST ANY WRONG/LOSING TRADES.
  • #83,959
  • May 23, 2008 9:07am May 23, 2008 9:07am
Quoting lilmoe
it's very RARE to see u have the same view point is i...

sup
Naw, we seem to be on the same page more often than not. . .
  • #83,960
  • May 23, 2008 9:09am May 23, 2008 9:09am
[quote=quecee5;2017208]Good morning all -

I see price still chopping along down to 204. . . Be back when price has hit 203.70 area. . .



Money & Pain Respect the market, protect your capital, be patient
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